HOMEFAQWhat Is Staking - Should I Try It?

What Is Staking - Should I Try It?

Staking is where you pledge your crypto as a computational source to help validate proof-of-stake blockchain transactions in exchange for generous rewards.

With Savl, staking is also self-custodial, so your funds are only used for staking purposes, and you control the process every step of the way.

Staking with Savl means you could earn up to 10% APY for doing relatively little, so in our opinion, it is worth a go.

Note: Staking comes with risk. You'll earn rewards in cryptocurrency, which is a volatile asset that can decrease in value. Additionally, you may have to lock up your crypto for a set period, during which the market value could plummet (or skyrocket). There is always a chance that you could lose some of the cryptocurrency you have staked.